Tax
Tax News & IRS Insights for Accounting Professionals
Accounting Today delivers news and analysis for accounting and tax professionals on federal and state tax developments, IRS guidance,information reporting, and operational implications for practices and clients. Our coverage focuses on legislative and procedural shifts that tax practitioners must monitor in planning, compliance, and advisory contexts.
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Minute by minute; variations in the standard; new kid on the blog; and other highlights from our favorite tax bloggers.
January 25
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The letters that the Internal Revenue Service has been sending to taxpayers about the amounts they received on advance payments of the Child Tax Credit may have outdated information.
January 25
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A Tax Court case illustrates the complexity of deciding when, exactly, a business becomes a good concern in the eyes of the IRS.
January 25
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A practical guide to the world of DeFi for liquidity providers.
January 25
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Gift tax returns and the wealth transfer strategies they reflect don’t face the same IRS logjams as individual returns.
January 24
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A revamped version of the ChildTaxCredit.gov site adds new features to help with filing taxes and accessing the full amount of unpaid credits.
January 24
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The service faces a backlog of millions of unprocessed tax returns, and warned taxpayers and preparers to be patient.
January 24
